| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
STA Stock Overview
Strandline Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral sands, and other base metal resources in Australia and Tanzania.
Strandline Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.30 |
| 52 Week High | AU$0.32 |
| 52 Week Low | AU$0.17 |
| Beta | 1.48 |
| 1 Month Change | 7.02% |
| 3 Month Change | 52.50% |
| 1 Year Change | 52.50% |
| 3 Year Change | 246.59% |
| 5 Year Change | 182.41% |
| Change since IPO | -83.06% |
Recent News & Updates
Is Strandline Resources Limited (ASX:STA) Trading At A 31% Discount?
Today we will run through one way of estimating the intrinsic value of Strandline Resources Limited ( ASX:STA ) by...
Shareholder Returns
| STA | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 13.0% | 5.5% | -0.5% |
| 1Y | 52.5% | 9.0% | 10.4% |
Return vs Industry: STA exceeded the Australian Metals and Mining industry which returned 9% over the past year.
Return vs Market: STA exceeded the Australian Market which returned 10.4% over the past year.
Price Volatility
| STA volatility | |
|---|---|
| STA Average Weekly Movement | 9.4% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: STA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: STA's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | n/a | Luke Graham | https://www.strandline.com.au |
Strandline Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral sands, and other base metal resources in Australia and Tanzania. Its principal mining assets include a portfolio of heavy mineral sands (HMS) projects; the Coburn HMS project located in Western Australia; and the Fowlers Bay nickel project covering an area of 700 square kilometers located in the Western Gawler region of South Australia. The company was formerly known as Gunson Resources Limited and changed its name to Strandline Resources Limited in December 2014.
Strandline Resources Fundamentals Summary
| STA fundamental statistics | |
|---|---|
| Market Cap | AU$303.45m |
| Earnings (TTM) | -AU$12.81m |
| Revenue (TTM) | AU$103.21k |
3,389x
P/S Ratio-26.8x
P/E RatioIs STA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| STA income statement (TTM) | |
|---|---|
| Revenue | AU$103.21k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$103.21k |
| Expenses | AU$12.91m |
| Earnings | -AU$12.81m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.011 |
| Gross Margin | 100.00% |
| Net Profit Margin | -12,408.55% |
| Debt/Equity Ratio | 2.1% |
How did STA perform over the long term?
See historical performance and comparisonValuation
Is Strandline Resources undervalued compared to its fair value and its price relative to the market?
4.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STA (A$0.31) is trading below our estimate of fair value (A$0.32)
Significantly Below Fair Value: STA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: STA is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: STA is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate STA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: STA is good value based on its PB Ratio (2.5x) compared to the AU Metals and Mining industry average (2.8x).
Future Growth
How is Strandline Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
65.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: STA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: STA's is expected to become profitable in the next 3 years.
Revenue vs Market: STA is forecast to have no revenue next year.
High Growth Revenue: STA is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STA's Return on Equity is forecast to be very high in 3 years time (43.1%).
Past Performance
How has Strandline Resources performed over the past 5 years?
-22.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STA is currently unprofitable.
Growing Profit Margin: STA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: STA is unprofitable, and losses have increased over the past 5 years at a rate of 22.3% per year.
Accelerating Growth: Unable to compare STA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: STA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: STA has a negative Return on Equity (-9.51%), as it is currently unprofitable.
Financial Health
How is Strandline Resources's financial position?
Financial Position Analysis
Short Term Liabilities: STA's short term assets (A$117.7M) exceed its short term liabilities (A$16.8M).
Long Term Liabilities: STA's short term assets (A$117.7M) exceed its long term liabilities (A$4.8M).
Debt to Equity History and Analysis
Debt Level: STA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if STA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: STA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: STA has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.6% each year
Dividend
What is Strandline Resources's current dividend yield, its reliability and sustainability?
5.86%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate STA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate STA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Luke Graham (46 yo)
5.33yrs
Tenure
AU$830,565
Compensation
Mr. Luke Edward Graham, A.Dip (Hons) (Elec Eng), MAICD, served as a Non-Executive Director of Primero Group Limited since May 21, 2018 until March 25, 2020. He has been the Chief Executive Officer, Managin...
CEO Compensation Analysis
Compensation vs Market: Luke's total compensation ($USD600.08K) is about average for companies of similar size in the Australian market ($USD532.68K).
Compensation vs Earnings: Luke's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: STA's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: STA's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 114.9%.
Top Shareholders
Company Information
Strandline Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Strandline Resources Limited
- Ticker: STA
- Exchange: ASX
- Founded: 1999
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$303.453m
- Shares outstanding: 1.12b
- Website: https://www.strandline.com.au
Location
- Strandline Resources Limited
- London House
- Level 9
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 07:03 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.